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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28494. (Read 26710039 times)

hero member
Activity: 672
Merit: 500
epic greed on btc-e, where do those that just bought at 450 think the price is headed?

Why don't you tell us where it's going. You seem to know more than other people?
hero member
Activity: 681
Merit: 507


Stamp similar.

its a little bit different on huboi, the flashcrash makes it 6 waves



legendary
Activity: 876
Merit: 1000
epic greed on btc-e, where do those that just bought at 450 think the price is headed?

It's always puzzling to see on who the hell would buy into these no volume "breakouts". Perfect example where greed will actually make you lose money.
If you want to gamble, then buy when everything is quiet and you gamble on the chance, that there will be a weak breakout that you can sell to. But buying into those after they have spent their momentum... weird..
sr. member
Activity: 406
Merit: 250
A new coins coming on the market.
4000 new coin per day !
hero member
Activity: 728
Merit: 500
On an intraday scale, China chart is looking bearish now with a false breakout. It is going to fall again and then take at least another 1-2 days to consolidate before we can really break out (to +$465 on stamp), if nothing bad happens in the meantime.
hero member
Activity: 574
Merit: 500
Mini rally still catalysed by China though.

BTC China news would be the catalyst. Figured as much. Now others will just say BTCC word that the bank hasn't received any warnings. Gox has left everyone severely paranoid, rightly so but I really doubt on April 15th the bank will get a ring from the PBoC in regards to the shadow policy Cheesy

1D chart and the news, that range of 2410 bottom on Huobi looks like the Bear Manipulations last effort at causing mass panic. Barring a rogue twitter confirmation of a blanket ban, slow grind upwards begin.
legendary
Activity: 924
Merit: 1001
hero member
Activity: 798
Merit: 1000
Mini rally still catalysed by China though.
hero member
Activity: 798
Merit: 1000
epic greed on btc-e, where do those that just bought at 450 think the price is headed?

up  Huh
member
Activity: 88
Merit: 10
epic greed on btc-e, where do those that just bought at 450 think the price is headed?
legendary
Activity: 924
Merit: 1001
koryu,
good observation.
if you add the bottom trendline, it's a descending wedge. they terminate upwards.
in EW analysis it's call a fifth wave diagonal. (and we have had five waves catalysed by news)
legendary
Activity: 924
Merit: 1001
does a rally case the macd to signal, or does the signal cause the price to rally?

chicken or the egg?

leading indicators FTW!
hero member
Activity: 681
Merit: 507


well hopefully this is a real breakout.

after all. Huobi is pretty bullish.

but this is the line we have to cross  Wink and after that another one



https://i.imgur.com/eSQiC3B.jpg
hero member
Activity: 574
Merit: 500
I for some reason enjoy the lagging macd, however we need buying pressure through Friday to get us to cross 12hr and 1d macd.

We shall see, and the last time we had the 12hr cross it was smashd down to the resistance levels...we can gauge the market a bit imo off of the reactions.
hero member
Activity: 798
Merit: 1000
Some bigish buys and the 12h MACD just kissing. Sensing a mini rally.
hero member
Activity: 798
Merit: 1000
when people start getting bullish, better keep an eye on the 4 hour chart. we have a little wave up on average volume. reversal not confirmed yet.

but i would still be surprise to see lower 400. Smiley


http://bitbet.us/bet/798/bitcoin-to-drop-under-400-before-june/

 Grin

I bet before some nutter bet 10BTC that it would. good odds.

(I bet that it wouldnt)

Thats a pretty strong bet that it wont go lower at all and before June. Im generally feeling bullish atm to the degree where I dont predict a move down much more than $50-$80 but I wouldnt want to bet on not breaching $400 at all.
hero member
Activity: 681
Merit: 507
when people start getting bullish, better keep an eye on the 4 hour chart. we have a little wave up on average volume. reversal not confirmed yet.

but i would still be surprise to see lower 400. Smiley


http://bitbet.us/bet/798/bitcoin-to-drop-under-400-before-june/

 Grin

I bet before some nutter bet 10BTC that it would. good odds.

(I bet that it wouldnt)

nice bet Smiley i think its more likely not to happen, so odds are good.
legendary
Activity: 924
Merit: 1001


well hopefully this is a real breakout.

after all. Huobi is pretty bullish.
legendary
Activity: 876
Merit: 1000
What if April 15th rolls around and nothing happens just like the last deadlines that have trickled out of China. Its hardly ridiculous to think that while everyone sits around waiting for China news to drop the price again it generally creeps upwards leading to a couple of weeks of super worried bears

Rumour - we go down 100's.
Good news - we go up 20 dollars.

You guys should really learn to distinguish important and unimportant news.
Examples:

a) Bitcoin losing important markets - important news
b) Someone has a good feeling about bitcoins future - unimportant news

Throughout the past months, people have tried to present unimportant positive news as important and then get mad at everyone when this news isn't considered as important. Almost every week we get these new "very bullish" news.
legendary
Activity: 924
Merit: 1001
when people start getting bullish, better keep an eye on the 4 hour chart. we have a little wave up on average volume. reversal not confirmed yet.

but i would still be surprise to see lower 400. Smiley


http://bitbet.us/bet/798/bitcoin-to-drop-under-400-before-june/

 Grin

I bet before some nutter bet 10BTC that it would. good odds.

(I bet that it wouldnt)
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